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Assessment
What is one primary objective of social responsibility in businesses?
To maximize profits at any cost.
To benefit the stakeholders and society.
To avoid government regulations.
To focus solely on production efficiency.
Which of the following is an example of corporate social responsibility?
A company donating a portion of its profits to a local charity.
A company increasing its prices to boost profits.
A company ignoring environmental regulations.
A company only focusing on its shareholders' interests.
Why is social responsibility important for businesses?
It is not important as businesses exist solely for profit.
It enhances a company's reputation and builds customer loyalty.
It only benefits the employees of the company.
It ties a company down with unnecessary regulations.
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